Park Ridge Office Space

Park Ridge

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
14,950
As of: August 21, 2017

Park Ridge Rates

Most listings are in the $30's per square foot per year. The Park Ridge submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 4% decline in rent.

Park Ridge Listing Supply

In the last 90 days, 5 listings have been listed, which means new availabilities most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 80% of the listings in the Park Ridge are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 14,950 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are around 2 floors. Most buildings in this area were built in 1986 and are Class C.

Park Ridge Community

Market Report

Trends and status of the commercial real estate market in Park Ridge.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Park Ridge.
Research